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PCAQREG

This repository contains the code necessary to reproduce the results in Pimentel, Risstad & Westgaard (2022): Predicting Interest Rate Distributions using PCA Quantile Regression , Digital Finance (forthcoming).

'Estimate_PCAQREG.R' estimates the PCA-QREG model and exports quantile estimates to .csv files. Running the full out-of-sample estimation takes a couple of hours.

'Table2_Table3.R' reproduces Table 2 and Table 3 in the paper, and can be run without running 'Estimate_PCAQREG.R' first.

'Figure4.mlx' reproduces figure 4 in the paper, and can be run without running 'Estimate_PCAQREG.R' first.

'Table4.R' reproduces Table 4 in the paper, and can be run without running 'Estimate_PCAQREG.R' first.

The remaining files R and Matlab files contain helper functions.

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